More upside in Alok Industries, says Sukhani

Published on Mon, Feb 13, 2012 at 10:34 |  Source : CNBC-TV18

Updated at Mon, Feb 13, 2012 at 11:09  

27011 Investors following Alok Industries. Share this News with them.
0
0
Share on Tumblr
Sudarshan Sukhani , s2analytics.com

Excerpts from Bazaar on CNBC-TV18 Watch the full show ยป

ALSO READ

More upside in Alok Industries , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "We have been talking about being long when Alok Industries was at Rs 19-20. There is more upside here. The point is that a lot of these stocks are reaching what could be at least short term targets. So for Alok, the concept should be - wait patiently during the day for a minor consolidation. But I think Rs 25 is fairly achievable here."

He further added, " Ambuja Cements is a sell. Cement has run up and my own sense is that it is going to now again correct and go through a deep correction. So cement stocks are avoid for most people and for professional traders they are a selling opportunity."

  

Trending News

Business News

How To: Convert an old Bluetooth headset for wireless streaming
Will sharpest petrol hike ever, last just eight days? "Will sharpest petrol hike ever, last just eight days?"

Team Anna sticks to claims as PM hits back strongly

Everest Kanto Says from boardroom Guiding Growth Of 20-25% From Next Couple Of Quarters

The latest earning numbers FIRST on CNBC-TV18
Videos

May 30 2012, 11:18

Result corner: Ajay Bodke`s top bets from across sectors

- in MARKET OUTLOOK

Interviews

May 30 2012, 11:23 | Source: CNBC-TV18

Expect new order inflow of Rs 8500cr in FY13: NCC

May 30 2012, 10:36 | Source: CNBC-TV18

Pantaloon's stake sale in co at final stage: Future Cap  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!